Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This seminar provides a foundation in the practical application of the Canadian Auditing Standards (CAS) to audit engagements. Using a case study approach, the course reviews key CAS requirements and examines areas identified as common pitfalls by CPA national practice inspection findings.
This seminar provides a solid foundation in the practical application of the Canadian Auditing Standards (CAS) to audit engagements. Participants are given an opportunity to build on their understanding of the standards, with an emphasis on areas identified as common pitfalls in national practice inspection findings. Using a case study approach, participants practice applying the standards to a set of client-specific facts. The case study is based on the audit of a moderately complex for-profit private company. Participants will also explore the key elements of documenting an engagement working paper file including, planning, engagement execution, and reporting.
Topics Include:
- Introduction
- Audit Quality
- Communication with Others
- Audit Documentation
- Acceptance and Overall Audit Strategy
- Risk Assessment Procedures including Internal Control
- Performing Audit Responses
- Conclusion and Reporting
- Wrap Up
NOTE: This course description has been revised and reflects updates for 2024. If you have any questions, please contact pdevents@cpaontario.ca.
Schedule
- December 2, 2024, 8:30 a.m. - 12:30 p.m.
- December 3, 2024, 8:30 a.m. - 12:30 p.m.
- December 4, 2024, 8:30 a.m. - 12:30 p.m.
- December 5, 2024, 8:30 a.m. - 12:30 p.m.
Key Takeaways
By the end of this course, participants will be able to:
- Identify common pitfall areas in audit engagements as noted by national practice inspection findings.
- Demonstrate the application of key CAS requirements using a set of case study facts.
- Recognize key items to be documented in an audit engagement working paper file.
Who Will Benefit
Audit practitioners at all levels of experience, who want to refresh their understanding of the Canadian Auditing Standards and explore applying the standards in a more effective and efficient manner.
Prerequisite(s)
Participants should have some familiarity with the CPA Handbook – Assurance.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
Electronic material can be accessed one week prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Jennifer O'Neal, CPA, CA is an experienced professional providing guidance and expertise to accounting firms for over 25 years. With a focus on audit and assurance, accounting, and quality management, Jennifer has been instrumental in helping accounting firms perform high-quality engagements, designing and monitoring quality management systems and authoring and facilitating professional development courses. She authored CPA Canada publications, including the Quality Management Guide (formerly the Quality Assurance Manual) and co-authored the Professional Engagement Guide (PEG) and compilation engagement material in the Professional Advisory, Compilations, and Tax publication (PACT).